answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: In two to three sentences describe three aspects of a free market economy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the three aspects in free market economy?

The three aspects in free market economy are capitalism is a free market system of trade, governed exclusively on the economic principle of supply and demand. You need all of these to have a free market economy.


What are the dysfunctional aspects of the new economy?

job market


What term used to describe a market economy?

Capitalist


What term is used to describe a market economy?

capitalistA+


What are the five features of your market economy?

There are five features that describe market economy. They are freedom of choice, motive of self-interest, competition, system of market and prices and limited government.


Why do economists describe the us economy as a mixed market economy?

Citizens have economic freedoms with some government regulation


What does mixed economic system mean?

A mixed economy is when you have some aspects of every single economy traditional, command, and market economies put together in one economy.


The US has a mixed economy meaning it is mostly a market economy but some aspects of the economy are regulated by the government what is an example of how the US gover?

It has imposed minimum wage laws.


What term describe an economy with more than one type of economic structure?

mixed-market


Compare the circular flow diagrams of a free market and mixed economy describe hoe they differ and why?

In a mixed economy, the government purchases land, labor,and capital from households in the factor market, and purchases goods and services in the product market.


How do you use buoy and boy in a sentences?

The buoyant economy did not allow new comers in the market The buoyant behavior of a person determines her characteristics.


What is Bolivia economy?

Market Economy.